Participation in competitions can increase your confidence.

[yogyes]

yes, that is true, we always take part in the races that have been held and we can compete with traders all over the world and can prove that the strategies we use are not inferior to the strategies they use, for me our confidence will grow if we can follow us win, with victory so we get our confidence will grow and that will make us better and, participating in this kind of competition can give us a lot of practice and give us a lot of experience in the future to get more and better profits . So I will also take part in the upcoming competition and advise others that they also have to do this ...

[TheFxTrader]

It will enable us to build certainty, yet then again, its an exercise in futility and exertion, it is smarter to go and are not successful when individuals make up a level of the demo, the demo is great, yet essentially to comprehend the task terminals and showcasing and advertising exploration and procedure.

[socer]

They know how to develop and improve their systems. Traders are aware of and practice it and thus they try with recording competitions or something with a purpose to like with the aim of following them to find their ability to compare with others. This can help us to increase self-confidence, but on the other hand, with age and energy instead of me, it is better to be energized at a penny balance place and not to age well-nothing on tapes.

[Shahid78]

I think participating in a trading contest would instead be misleading. Since trading contest will focus you more on winning which sometimes, you tend to trade and analyze more than you usually do, which makes you tend to push yourself over the limit. Also, competition enhance greed I guess, since you are willing to trade to win as many pips as you can in order to win.

[pti148]

Ye hamare liye zarori hai kyun ke is se hum main kaam karne ka spirit increase hota hai hum main confidence increase hota hai kaam karne ka aur hum zyada se zyada hardworking karte hain
Yahi cheez hoti hai competition main ke hum aik dosre se agay nikalne ki koshish karen

[0307148]

Hi newentry, yes you are right, we can judge our performance with others, i admit most of the traders that win those contests are good, but few also uses some manipulation techniques and some ea's that won't work on real account. So, don't think that you lost the competition but look out the overall gain of your account and drawdown you attained etc., even the top three traders at the contest i posted link of, accepted that they are using some ea's that don't work on live accounts, when i contacted them. thanks

[Pak3000]

g yeh baat bilkul theak hein,forex sy bohat zayda abiltiy ko devlope karta hein,ur hum main bohat zayda confidence bhar jata hein hum bohat zayda eassily wrok kar sakte hein ur hum apna bussines kar sakte hein hum forex pasr trading kar k bohat zayda acha eran kar sakte hein,

[pti148]

Competition main participate karne se hamare andar confidence boht zyada increase hota hai kyun ke competition main hamare sath senior expert trader bhi hoty hain un se hum seekhte hain

[zonyakhan]

Boss this can indeed increase the sense of psychology. But we must be vigilant the competition events we often pursued the ambition to win competition is good for improving skills so use his all skills of trading.

[hellboy2221]

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